1. Given the information below. Selling Price: $43.00 Fixed Cost: $450,000.00 Direct Materials: $11.50 Direct Labor: $13.00...

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1. Given the information below.

Selling Price: $43.00

Fixed Cost: $450,000.00

Direct Materials: $11.50

Direct Labor: $13.00

a.What is the variable cost?Enter you answer with 2 decimal places

b.What is the contribution margin?Enter you answer with 2 decimal places

c.What is the breakeven point in units?Roundup to a whole number

d.What is the number of units needed to earn a profit of $500,000.00?Roundup to a whole number

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: May 11, 2024 09:09 AM

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1. Given the information below. Selling Price: $43.00 Fixed Cost: $450,000.00 Direct Materials: $11.50 Direct Labor: $13.00...

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Horngrens Financial and Managerial Accounting

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